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Wealth-Building 101: Golden rules of investing

Wealth-Building 101: Golden rules of investing

As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta

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Ucanda to lead Netball Uganda for next four years

Ucanda to lead Netball Uganda for next four years

National Insurance Corporation (NIC) Club Manager Jocelyn Ucanda was declared the new Netball Uganda president in a general assembly held in Lugogo on Saturday.  Ucanda and four other executive members including the first vice president administration William Bwambale, second vice presi

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Ugandan on trial in the UK over modern slavery

Ugandan on trial in the UK over modern slavery

A Ugandan has been charged by the England-based Thames Valley Police in connection with modern slavery, according to reports. Ms Lydia Mugambe, according to the Thames Valley Police website, has been charged with three counts, conspiracy to facilitate a breach of UK immigration laws by a

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We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

Kampala Capital City Authority (KCCA) has said it is fast-tracking the development of a waste-to-energy plant in Ddundu, Mukono District. Mr Dan Muhumuza Niweabine, the KCCA head of public and corporate affairs, yesterday said Ddundu land would not be a “dumping site but a centre where

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Kizza move reflects growing free transfer problem

Kizza move reflects growing free transfer problem

Mustafa Kizza became the latest Ugandan player to find a new home abroad after joining Egyptian second-division side Telecom. However, his transfer follows a trend that should raise a concern within the local football ecosystem. Kizza’s transfers have been both interesting and controve

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Court awards Kakwenza Shs50m for torture

Court awards Kakwenza Shs50m for torture

The High Court in Kampala has ordered the government to compensate novelist Kakwenza Rukirabashaija with over Shs50 million for torturing him and invading his privacy. In a 24-page ruling delivered via email on October 23, Judge Boniface Wamala found that Mr Kakwenza had demonstrated he

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MTN Uganda Bids Farewell to Ex CMO Somdev Sen in a Memorable Celebration

MTN Uganda Bids Farewell to Ex CMO Somdev Sen in a Memorable Celebration

The evening was filled with tributes, from colleagues celebrating his remarkable impact on MTN Uganda’s brand and market position. A light moment between Somdev and the MTN CFO, Andrew Bugembe (In suit)Various speakers praised Somdev’s contributions, highlighting his leadership i

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Three pregnant P7 candidates in Kayunga school cause concern 

Three pregnant P7 candidates in Kayunga school cause concern 

The three primary seven candidates from Bugadu C/U primary school in Busaana Town council in Kayunga District, who are set to sit for their Primary Leaving Examinations (PLE), while pregnant have caused concern among authorities and residents in the area. The school head teacher, Mr Wycl

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Mutesa vs Obote’s style, and a silly column for the 62nd

Mutesa vs Obote’s style, and a silly column for the 62nd

By this time 62 years ago, Ugandans were getting down to the business of being independent, and the big men were rubbing their hands, relishing the opportunity to be chiefs. Having allied with the pro-monarchist and federalist Buganda-dominated Kabaka Yekka (King Only) Buganda-dominated

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Parliament summons Finance, AG over Roko’s Shs260b bailout

Parliament summons Finance, AG over Roko’s Shs260b bailout

Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec

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